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361 West Main Street

361 West Main Street, Marion, VA 24354
Property in Smyth
Sold May 08, 2023
$240,000
$185,600 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2053
Sold Dec 15, 2017
$162,000
$145,800 by The Bank Of Marion
Mortgage
361 West Main Street has been categorized by the local assessors in Marion, VA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 361 West Main Street has 1,486 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,315 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 5, 2023 for $240,000. That's $80.75 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2017 for $162,000. 361 West Main Street was last assessed in 2023. The total value of the property was assessed at $110,000. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $90,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $814. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,486
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,315
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,972
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: A B GRAYBEAL PROP
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W MAIN ST LOT 1 209 112 23

Ownership

  • Current Owner : TRINKA ERIC MICHAEL
  • Current Owner 2: MARTIN-TRINKA JENNA RAE
  • Previous Owner : BUCHANAN BETTY B
  • Owner Before Previous Owner: SPENCER PATRICIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030301

Geography

  • Account Number: 26808
  • District: 0M
  • Parcel: 209-112-23
  • Lot: 1
  • Municipality: TOWN OF MARION
  • Latitude: 36.8302
  • Longitude: -81.5261

    Address

  • Full Address: 361 W Main St
  • Address - House Number: 361
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: VA
  • City Name: Marion
  • Carrier Code: C002
  • 4-Digit Zip Code: 2439
  • Zip Code: 24354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $814

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 168,058
  • High Value: 242,420
  • Low Value: 93,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,600
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 08, 2023
  • First Open Lien Mortgage Loan Amount: $185,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $20,000
  • Market Improvement Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $90,000

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Transaction ID: 11906378034
  • Current Sale Price: $240,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 904
  • Previous Sale Recording Date: Dec 15, 2017
  • Previous Sale Contract Date: Nov 30, 2017
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 08, 2023
  • First Mortgage Loan Amount: $185,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF MARION
  • Previous Mortgage Transaction Date: Dec 15, 2017
  • Previous Mortgage Loan Amount: $145,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Closed-end Mortgage

About Marion



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Frequently Asked Questions

What neighborhood is 361 West Main Street located in?
The 361 West Main Street is a located in the neighborhood of Smyth in Marion, Marion.
What is the average sales price for listings in 361 West Main Street?
The average sales price for units in 361 West Main Street is $0 currently.

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